Of the two fundamental cycles employed in combustion turbines, namely, the explosion (or constant-volume) cycle and the constant-pressure cycle, the latter is considered more in detail and its efficiency is derived with the aid of the cycle diagrams for the several cases with adiabatic and isothermal compression and expansion strokes and with and without utilization of the exhaust heat. Account is also taken of the separate efficiencies of the turbine and compressor and of the pressure losses and heat transfer in the piping. The results show that without the utilization of the exhaust heat the efficiencies for the two cases of adiabatic and isothermal compression is offset by the increase in the heat supplied. It may be seen from the curves that it is necessary to attain separate efficiencies of at least 80 percent in order for useful results to be obtained. There is further shown the considerable effect on the efficiency of pressure losses in piping or heat exchangers.